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  • Adobe results beat as subscription model gains traction

    Adobe Systems Inc , maker of Photoshop and Acrobat software, reported quarterly results that beat analysts' average estimates as revenue from subscriptions more than doubled, sending its shares up 7 percent in extended trade.

  • Cairn net profit dips to $72.6m

    UK's Cairn Energy plc today reported a massive drop in its 2012 net profit as oil output fell, and said that it has bought stake in three oil block off Senegal in West Africa.

  • DreamWorks posts quarterly loss as 'Guardians' disappoints

    Movie studio DreamWorks Animation SKG Inc reported a quarterly loss, hurt by a weak box-office performance for "Rise of the Guardians", an animated adventure fantasy featuring the voices of Alec Baldwin, Hugh Jackman and Jude Law.

  • KKR profit rises 22% on investment gains

    KKR reported a 22 per cent rise in economic net income in the fourth quarter as the pioneering private equity firm registered its most profitable year since going public, raised more money than in any other single year and gave more money back to investors than ever before.

  • LinkedIn Q4 profit and revenue beats Street

    LinkedIn Corp. on Thursday reported better-than-expected quarterly revenue of USD 303.6 million, an 81 percent rise from a year ago, as millions of new job-seekers and corporate recruiters signed up for the professional social network's services.

  • Cognizant reports quarterly profit rise of 16%

    IT services company Cognizant Technology Solutions Corp reported a higher quarterly profit as revenue from financial services clients jumped 20 percent.

  • Vodafone India's revenue grow 10% to 1.1bn pound in Oct-Dec

    Boosted by strong growth in voice minutes, Vodafone India's revenue grew by about 10 per cent to 1.1 billion pound (about Rs 9,388.40 crore) in the quarter ended December 31, 2012.

  • Daimler says 2012 profits up on record revenue, unit sales

    German automaker Daimler said Thursday that its net profit rose by 8.0 per cent to 6.495 billion euros (USD 8.8 billion) in 2012 on the back of record unit sales and revenues.

  • Weak investment bank drags down Credit Suisse profit

    Credit Suisse will cut more costs after missing fourth-quarter profit forecasts because of weak results at the investment bank which is at the heart of its business strategy.

  • Sony returns to black in Q3 on asset, product sales

    Sony Corp posted a third-quarter operating profit after a loss a year ago, supported by lower costs and proceeds from asset sales that are helping it offset weak demand for its TVs and other devices.

  • Disney beats estimates, sees stronger quarters ahead

    Walt Disney Co beat estimates in quarterly adjusted earnings on Tuesday and said it expects the next few quarters to be better on a stronger lineup of films and growing attendance at its theme parks.

  • Zynga profit tops views, forecasts lower revenue

    Zynga Inc, the one-time Silicon Valley darling that has been wrestling with a months-long exodus of online gamers, reported an unexpected fourth-quarter profit on Tuesday.

  • World stocks, oil rebound on economic data

    Global equity markets and oil prices bounced back on Tuesday after data showed the vast US services sector extended a three-year expansion in January, while business activity in the euro zone showed signs of recovery.

  • Sharp Corp is set to rebound to quarterly profit: Sources

    Sharp Corp is set to rebound to a quarterly profit, sources familiar with the matter said on Friday, improving the bailed-out consumer electronics maker's chances of convincing lenders and shareholders that it is a viable company.

  • Facebook stock avoids steep drop as Street rethinks results

    Shares of Facebook Inc recovered from an 8 percent slide on Thursday, finishing the regular session down less than 1 percent, as Wall Street's initial alarm over mobile revenue results and spending plans subsided.

  • Potash on slow rebound, shares dip after 'stinker' quarter

    Potash Corp of Saskatchewan forecast a modest rebound in earnings for 2013, with key importers in China and eventually India resuming purchases of the crop nutrient potash, but the company's recovery will be more gradual than expected.

  • Toshiba's nine-month profit surges six fold

    Japan's Toshiba said today net profit in the nine months to December soared six fold to USD 600 million thanks to brisk sales in its semiconductor and power plant businesses.

  • Posco sees 'severe' year for steel industry

    Posco, the world's fourth-largest steelmaker by output, has warned of "severe" competition for survival in the industry this year, but the South Korean group expects its own earnings to improve significantly in the first quarter.

  • Honda trims full-year profit forecast, China sales poorer

    Honda Motor Co Ltd has trimmed its annual net profit forecast by 1.3 percent to 370 billion yen on poorer than expected car sales in China and Europe, even as it sees strong sales in the United States, its biggest market.

  • Vedanta's core earnings jump on oil and gas boost

    Vedanta Resources Plc reported a 31 percent rise in third-quarter core earnings, helped by a strong performance by Cairn India , its Indian oil and gas unit.

  • Deutsche Bank posts huge Q4 loss to pay for clean-up

    Deutsche Bank's posted a fourth-quarter pretax loss of 2.6 billion euros hit by hefty litigation and restructuring charges as the bank downsizes to a leaner investment banking environment under new leadership.

  • Facebook revenue grows 40% in Q4

    Facebook Inc's revenue in the fourth quarter grew 40 percent year-on-year to USD 1.585 billion.

  • LG Electronics misses forecasts as TV profits tumble

    LG Electronics Inc fell short of consensus forecasts in quarterly earnings on Wednesday, with profits in its TV division tumbling to around one tenth of year-earlier levels as the world's No.2 TV maker bumped up promotional spending in the year-end holiday season.

  • Lenovo logs record quarterly profit in Q3

    Lenovo Group Ltd, on track to become the world's top maker of personal computers, reported a record quarterly profit, up 33.5 percent from a year earlier, as it gained more share in the PC market and made inroads in the smartphone business.

  • Amazon.com shares jump after quarterly results

    Amazon.com Inc shares jumped almost 7 percent on Tuesday after the world's largest Internet retailer reported better-than-expected quarterly profit.

  • POSCO Q4 profit misses forecast on weak China demand

    POSCO, the world's No.5 steelmaker by output, reported a 45 percent fall in quarterly operating profit, missing a consensus forecast, as tepid demand and falling prices offset lower raw material costs helped by a firmer local currency.

  • Yahoo revenue rises on search advertising

    Yahoo Inc reported net revenue of USD 1.22 billion in the fourth quarter, up 4 percent year-on-year, as an increase in search advertising revenue offset weakness in the Web portal's display ad business.

  • P&G shows turnaround taking hold with results, outlook

    Procter & Gamble Co's quarterly profit soared past expectations as the world's largest household products maker used higher prices and new products to drive sales growth, the strongest indication yet that turnaround efforts are paying off.

  • Samsung may cut capex as Apple shops elsewhere for chips

    Samsung Electronics Co, due to report record earnings on Friday, may cut capital spending by as much as a fifth this year - a first reduction since the global financial crisis - as demand for computer chips weakens and rival Apple Inc looks set to buy fewer of its microprocessors used in the iPhone and iPad.

  • Microsoft profit dips on lower Xbox holiday sales

    Microsoft Corp reported a dip in fiscal second-quarter profit on Thursday, as weaker sales of its Xbox game system in the holiday quarter offset a solid start for its new Windows 8 operating system.

  • Apple shares slide 12% after weak results

    Apple Inc's shares slumped 12 percent on Thursday, slicing more than $50 billion from its market value, as weaker-than-expected holiday iPhone sales reinforced fears that it is losing its dominance in smartphones.

  • McDonald's profits edge higher

    McDonald's reported a 1 per cent rise in fourth-quarter earnings as sales at US stores rose, beating expectations.

  • LG Display posts robust Q4 profit amid Apple worries

    LG Display Co Ltd reported a second consecutive quarterly profit, beating forecasts by far on a rebound in television sales during the year-end holiday season and solid sales of screens used in Apple Inc's iPad and iPhone.

  • Apple revenue misses expectations, iPhone disappoints

    Apple Inc missed Wall Street's revenue forecast for the third straight quarter as iPhone sales came in below expectations, fueling investors' worries that its dominance of the mobile industry was slipping.

  • SanDisk's quarterly revenue tops expectations

    Chipmaker SanDisk Corp's fourth-quarter revenue topped analysts' expectations, helped by strong growth in solid-state drives as investors look for signs of stability in NAND chip prices.

  • IBM fourth quarter earnings and revenue beat Street

    IBM, the world's largest technology services company, reported fourth-quarter earnings and revenue that beat estimates on the back of growth in emerging markets.

  • Google Q4 revenue rises

    Google Inc's revenue in its core Internet business increased 22 percent to USD 12.91 billion in the fourth quarter.

  • Apple earnings need to overcome technical malaise

    To those who study technical stock charts, Apple Inc looks broken.

  • Morgan Stanley posts profit on surging equity trading

    Morgan Stanley reported a fourth-quarter profit on a surge in equity sales and trading and strong margins at its wealth management business, sending its shares up 7 percent before the bell.

  • BofA Q4 profit falls after mortgage-related charges

    Bank of America Corp's fourth-quarter profit dropped after it took some USD 5 billion of mortgage-related charges, but the second-largest US bank showed signs that it was moving past its problems as it shrank the group that deals with its troubled home loans.

  • Accenture's second-quarter forecast disappoints investors

    Accenture Plc's second-quarter forecast disappointed investors as the outsourcing and consulting company's clients deferred discretionary spending in Europe, sending its shares down 5 percent in after-market trade.

  • Viacom posts a higher profit despite weak advertising

    Viacom Inc reported a rise in quarterly profit, defying weak box-office sales and a challenging advertising environment.

  • China's Lenovo Q2 rises 12.6%, beats forecasts

    Lenovo Group Ltd, on track to become the world's top PC maker, posted a 12.6%- rise in quarterly net profit, its weakest pace in about three years, as consumers increasingly switched to mobile gadgets from PCs for their computing needs.

  • Cognizant quarterly profit rises 22%

    Cognizant Technology Solutions Corp reported a 22 percent rise in quarterly profit as revenue rose 18 percent.

  • Ericsson eyes steady growth despite global downturn

    Telecom-gear maker Ericsson expects slower expansion in the more profitable services segment of its business and the same level of growth in its core mobile network equipment market, it said on Tuesday.

  • HSBC profit hit by $800m charge for US fine

    HSBC has taken a $1.15 billion hit to cover a potential U.S. fine for lax anti-money laundering controls and to pay compensation for mis-selling products in Britain, eating into its quarterly profit.

  • Toyota returns; wants time to show change

    For most companies, trebling quarterly profit to almost USD 3 billion and outselling all global rivals would be welcome news. But for Toyota Motor Corp, Japan's biggest car-maker, it's still too early to say it has emerged from years of crisis.

  • ArcelorMittal reports $709m loss in Q3

    World's largest steel maker ArecelorMittal today reported net loss of USD 709 million for the third quarter, impacted by slowdown in China. It had posted USD 659 million profit during the third quarter last year. The company had recorded profit of USD 959 million in the second quarter of 2012.

  • Panasonic cleans house with writedowns, sees $9.6 bln loss

    Panasonic Corp said it will lose almost USD10 billion this business year as it cleans house of poorly performing operations, writing down billions of dollars of goodwill and assets in its mobile and energy units while its new boss readies for a fresh bout of restructuring.

  • Samsung posts $7.4b profit, handsets mask weak chip sales

    Samsung Electronics Co, the world's top technology firm by revenue, reported record quarterly profit of USD 7.4 billion on Friday, with strong sales of its Galaxy range of phones masking sharply lower memory chip sales.

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